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Robots will put 800 million people out of work by 2030 – and the problem will be worse in rich countries

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  • Robots and automation will put a large part of the world’s population out of work by 2030  – and the problems will be worse for developed countries.
  • The jobs that will be most affected involve repetitive tasks, data and those that require fewer qualifications. 
  • The wealthiest nations with the most resources to spend on robots will be the hardest hit. 
  • The good news is that there will be enough jobs for workers who want it or who are able to retrain for careers such as elder care. 

Robots and automation will cause a major economic reversal in the next 13 years, cutting the jobs of 800 million people by 2030, according to a new McKinsey report.

The United Nations estimates that the world’s population will reach nearly 8.5 billion peopleby 2030, which means that robots will replace the jobs of about 10 percent of the future population.

The McKinsey study covers 46 countries and 800 jobs, and it revealed that the extent of the impact really depends on where you are.

The richest countries like Japan, South Korea, the United States, and the United Kingdom have more money to spend on automation, and as a result, their workers will be the most affected. Poorer states like India will not have money to spend on automation, so jobs for humans will multiply.

The type of employment affected also varies – automation will not only affect underpaid jobs with few qualifications. If the job involves repetitive tasks and information, it is also likely to be automated – as suggested by artificial intelligence (AI) that  takes over the tasks typically performed by young lawyers .

Specialized, underpaid jobs will also always need humans.

The following are the jobs that will be most affected by automation in developed countries:

  • operators of machinery and equipment of the building,
  • divers in restaurants,
  • workers in food preparation,
  • office workers such as payroll managers and administrative employees,
  • and the servers.

The following are the jobs that will be least affected in developed countries:

  • workers in the health sector, such as doctors, nurses, and child care workers,
  • computer engineers,
  • building workers,
  • and teachers.

The good news is that, according to McKinsey’s prediction, there will always be enough vacancies. Anyone replaced by robots will have to learn new skills. In Japan, for example, there will be increased demand for social workers to care for the rapidly aging population.

According to the report, one-third of the American workforce and nearly half of the Japanese labor force in 2030 will need to find a new job.

Nearly 20% of jobs in the UK will be “replaced” by automated technologies.

source: Business Insider

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